710.G Commercial Agreement/70: Telegram

The Consul at Geneva (Gilbert) to the Secretary of State

289. Department’s No. 101, October 5, 8 p.m.17 Following is full text of the section of the Second Committee’s report approved by Assembly which referred to the Pan American Agreement:

“Another discussed by the Committee which it desires to bring to the notice of the Assembly is the question of the relationship between multilateral commercial treaties and the policy of the most-favored-nation clause. Certain delegations expressed the view that the possibility of reducing obstacles to international trade by collective action of certain groups of states would be facilitated by an agreement to refrain from invoking the obligations of the most-favored-nation clause in respect of certain multilateral conventions. In this connection the attention of the Committee was drawn to the Agreement opened for signature at Washington on July 15, 1934, under the auspices of the Pan American Union and signed on September 20, 1934, on behalf of the United States of America.”

Consulate’s 273, September 26, 4 p.m. Text as above and text of speech of Argentine delegate transmitted with Consulate’s despatch No. 1026 (political) October 3.17

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